SUNSHINE EMPIRE

[Porker]

SE is a subsidiary of E Holdings whose former name was some sort of a health product. The salestalk is that it is able to get around the MLM issue. The setup(office) is like a clubhouse. Upon entry, you will be overwhelmed with uncles and unties, ah hiank, ah jie and ah di. In fact you can hardly find a seat.

 

A check with ROC would tell you they have a working capital of $100,000.

 

Working capital of $100,000 can set up Health Center or not?

 

Operator: Harlow!!! Get Porked Health Center!!!

 

Horny Man: I want to book Liping!!!

 

Operator: What time? Name?

 

Horny Man: Tonight 9pm. Porker!!!

[Icekitten]

planing for a bigger hit and run... getting their own building so they need to impress people that they are doing 'well' and get more $$

 

Yeah...

 

After reading about the way they work, I deduced that they must make people believe that they are making a lot of money.

 

Coz the whole thing preys on ppl's greed.

 

The whole point is that even if they have earned nothing so far, all the more they must make people believe they are earning lots, so as to attract ppl to join under them and thus earn commissions from the recruitment of these people.

 

Think about it, if they are really earning that much already, they must have lots of members under them, and members under those members too, and so on. Why would they still have to go and personally recruit members? Those under them will do all the work and they can just sit back and watch their earnings grow. Unless they're not doing as well as they claim to be...

[Comfy]

glad that most people are not that 'blind' not to see that they are just presenting a image out and nothing else.

[Altivo]

Was told by my fren to join in this company SUNSHINE EMPIRE.

 

This company basically attracts people to invest money with them and in return you get "interest" back monthly. My fren put $12,000 and started getting his $1200+- interest . Sound like MLM . Very dubious on the company background.

 

The office is at Toa Payoh HDB Hub occupying whole 7 floor.

 

Comment, experience.....anyone?

 

frd... this company is listed on MAS Investor Alert List.. pretty long list... so u can go there and find it. It is listed in alphabatical order.

 

http://www.moneysense.gov.sg/check_our_lis...Portal_IAL.html

 

The Investor Alert List

 

From time to time, MAS receives information on persons who are possibly conducting activities regulated by MAS without authorisation. These persons may target Singapore consumers, or overseas consumers by giving them the false impression that they are operating in Singapore. Some of these unregulated persons may sometimes use names similar to that of entities regulated by MAS.

 

Consumers should exercise care when dealing with these persons. Overseas consumers who receive solicitations by persons who claim to have an operation in Singapore should also exercise care and check if they are in fact dealing with persons who are regulated by MAS.

 

Below is a list of persons, on whom MAS has received information, who are not authorised by MAS in respect of the carrying on of regulated activities. The list is not exhaustive and will be updated.

 

So do u think it's safe to invest????

[David]

Sequel....

 

Operator : Soli, Liping left. Who else?

Horny Man: Errrr!

Operator : We got new allival. You want try Mazda? This one come with gadget.

[Cavver]

dunnoe when will the Empire fall ???

[Comfy]

cool.. tks for the link..

[User12343]

http://www.straitstimes.com/STI/STIMEDIA/p...1024/empire.pdf

 

Wed, Oct 24, 2007

The Straits Times

 

'I'm a legend - better than Warren Buffett' Laughing

 

MR JAMES Phang is pumped up with self-belief and confidence, even though a business linked to him is now under scrutiny by the Singapore authorities.

 

'I'm a legend. I'm very good - better than Warren Buffett,' he declares, referring to the United States investment guru.

 

Mr Phang claims to control more than US$300 million (S$439 million) in assets.

 

'We acquire companies like you go to market buying beancurd,' says Mr Phang, a motivational speaker who claims to have over one million students worldwide.

 

'When I begin my seminars, my loyal participants would shout: 'Father, I love you!',' he says.

 

Mr Phang, 48, is a charismatic adviser to Sunshine Empire, a multilevel marketing (MLM) firm that has proven to be very popular - but also controversial.

 

Diversified business

 

BARELY 16 months into operations here, his MLM arm, Sunshine, was last month placed on the Monetary Authority of Singapore's (MAS') investor alert list. This list names people or firms who may be conducting activities regulated by the MAS without authority.

 

Mr Phang, who works from a huge office in the Toa Payoh hub, is the founder, director and international president of Empire Group Alliance, a group spanning several Asian countries.

 

Sunshine is part of the group, but Mr Phang does not own it.

 

The group has interests in network marketing, entertainment, energy, real estate, telecommunications, health and beauty, insurance, and finance.

 

Its property arm, Empire Property Venture, is involved in several projects in Malaysia worth US$200 million. These include the 30-storey Empire State Tower in Kuala Lumpur, Sunshine Villa - which will house a medical centre - as well as a marine theme park with underwater accommodation in Malacca.

 

Empire Group's assets exceed US$300 million, he says.

 

Mr Phang is careful to emphasise that he 'will not harm anyone and my businesses are legal'.

 

He says it has taken five years to conceive Sunshine's business model, which he calls revolutionary and superior to others.

 

At Sunshine, people signing up as merchants under specific plans to shop on its online shopping platform get consumer rebates known as 'e-points', which can be used for online shopping or converted to cash. The rebates are not guaranteed.

 

Core belief

 

UNLIKE other MLM firms, Sunshine does not require its 'merchants' to meet a certain sales volume every month - part of its attraction.

 

Sunshine's online shopping platform reflects Mr Phang's belief in creating wealth.

 

'We have entered into an era whereby imagination is much more important than knowledge and creativity, much more effective than productivity,' he says.

 

Humble roots

 

MR PHANG'S vast business empire belies a humble beginning. Growing up at a vegetable farm in Lim Chu Kang, he worked hard to pay for his studies through various jobs, including construction work.

 

He left school after O levels and worked at a shipyard while studied for his A levels at night. A medical condition caused his left eye to go blind when he was sitting for his final exams at the National University of Singapore (NUS).

 

After graduating from NUS with a degree in economics and statistics, he joined the Chinese evening paper, Shin Min Daily News, where he worked as a features writer from 1984 to 1990.

 

He, however, found his niche in sales, starting at age 19 with door-to-door sales, selling AMC stainless steel cooking utensils, health items and other various products.

 

'I've sold everything. I'm a walking MLM dictionary. My aim is to grow Sunshine to be a global leading MLM firm with US$2 billion by next year,' he says.

 

He started MLM firm Number One Product, which sold magnetic mattresses, in 1990.

 

The Empire Group Alliance was set up in 2003.

 

Mr Phang is married with four children, ages 13 to 21.

Edited October 24, 2007 by User12343

[Freestylers09]

i read this i was lauffing STs so big today..MAS watch list

 

Even Bill Gates also wana ask for Warren Buffet advice...who is there better than him in investment?He made his employee millionaires too...

 

very interesting article

 

http://thestar.com.my/news/story.asp?file=...5403&sec=nation

Edited October 24, 2007 by Freestylers09

[Comfy]

cheater who have gather many cheats to cheat..

[Familymanz]

[Comfy]

he's 股神 but is 屁股 the 股神.... crap...

[Onenightstd2]

If you read the fine prints, CAD is suspected to be looking into this company activities also, just stay clear of it. Understand many aunties in Toa Payoh area get involved liao

[Onenightstd2]

I do not know who is James, but there is another thread abt his past doing,

http://www.sgforums.com/?action=thread_dis...=220726&page=24

[Masschaoz]

er..my friend is in this SUNSHINE EMPIRE..

 

he started investing abt 2yrs back..and now he's making close to 100k per month and driving an STi..

 

whether true or not, up to you to believe..

 

quite sad leh... 100k per month and only a STI?? at least an evo la..

 

and 16 beemers... couple of MLM companies always use this... all on 100% loan ah??

[Onenightstd2]

Company's details from ROC

 

Most directors stay in HDB flat, have nothing much to lose, if things don't go right.

[Comfy]

http://www.sgforums.com/?action=thread_dis...=220726&page=24

 

link for u.

[Onenightstd2]

Thanks for the link, bro. I was at sunshine website, reading the president's response to published news, find nothing positive or constructive addressing the concerns of investors who have put their money with them. I believe most investors would like to know what is the worth of SE in term of assets backing, certified statements of fund employed, certified cashflow statement and etc..... Last thing in my mind what is the salaries of the whole investment team employed, details pls.....

Edited October 25, 2007 by Onenightstd2